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July 2022

Prepare yourselves, shipping congestion is likely to return

Adam Roth, executive vice president of industrial services, suggests in this GlobeSt.com article by Paul Bergeron that corporations must combat their length of haul to consumers and suppliers in light of rising shipping costs, longer transit times, and continual uncertainty.

“What used to be an anecdotal conversation about North American manufacturing is now a regular topic in the boardroom. As international transportation becomes more expensive and unreliable, domestic or North American production becomes more competitive,” said Roth. “The supply chain is being replaced with the supply web. We are entering the era of international regionalization and initial stages of de-globalization.”

Read the full article at GlobeSt.com

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